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<br />I Instrument Constitutes a Construction Security Interest under the Nebraska Construction
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<br />I 52 -A —REAL ESTATE MORTGAGE —(With Tax Clause) Rev. 78 Huffman and Felton 8 Wolf, Walton, 4k. 6(f461
<br />KNOW ALL MEN BY THESE PRESENTS: That Timothy E. Enck and Sheri.lyn Enck, Husband and Wif
<br />and Terry J. Enck and Janet K. Enck, Husband and Wife
<br />of Hall County, and State of Nebraska in consideration of the sum of
<br />Thirty -one Thousand and no/ 100------------------ --------- --- - - - - -- -($31,000.00) DOLLARS
<br />in hand paid, do hereby SELL and CONVEY unto NORWEST BANK GRAND ISLAND, NATIONAL ASSOCIATION
<br />of Hall County, State of Nebraska the following described premises situated
<br />in Hall County, and State of Nebraska to-wit:
<br />The Northerly Twenty -two (22) Feet of Lot Eight (8), in Block Sixty -four
<br />(64), in the Original Town, now City of Grand Island, Hall County,
<br />Nebraska
<br />The intention being to convey hereby an absolute title in fee simple, including all the rights of homestead and dower.
<br />TO HAVE AND TO HOLD the premises above deserilxvl, with all the appurtenances thereunto belonging, unto the said r
<br />1 I mortgagee(s) and to his, her or their heirs and assigns forever, provided always, and these presents are upon the express
<br />condition that if the said mortgagor(s), his, her or their heirs, executors, administrators or assigns shall pay or cause to be
<br />paid to the said mortgagee(s). his, her or their heirs, executors, administrators or assigns, the principal sum of $ 31, 000. 00**%
<br />payable as follows, to wit:
<br />Principal plus. Accrued Interest Due and Payabie on September 10, 1985.
<br />with interest according to the tenor and effect of the mortgagors written promissory note bearing even date with these presents
<br />and shall pap all taxes and assessments levied upon said real e,tate, and all other taxes, levies and assessments levied upon this
<br />mortgage or the note which this mortgage is given to secure, before the same becomes delinquent, and keep the buildings on
<br />said premises insured for the sum of 31,000.00 loss, if any. payable to the said mortgagee, then these presente i
<br />to be void, otherwise to he and remain in full force.
<br />IT IS FURTHER AGREED (1) That if the said mortgagor shall fail to pay such taxes or procure such insurance, the
<br />said mortgagee may pay such taxes and prmure such insurance; and the sum so advanced, with interest at 13.75 per
<br />cent, shall he repaid by said mortgagor, and this mortgage shall stand as security for the same. (2) That a failure to pay any
<br />of said money, either principal or interest, when the same becomes due, or a failure to comply with any of the foregoing
<br />agreements, shall cause the whole sum of money herein secured to become due and collectible at once at the option of the
<br />mortgagee. _
<br />Signed this 14th day of March /
<br />f
<br />l9 8S
<br />In In presence of y 7.:
<br />41-4
<br />heri
<br />� S yn Enck 1
<br />erry .�.... rick
<br />STATE OF ..... NEBRA ,M .............. County of .....Eiail
<br />The foregoing instrument was acknowledged before ine 14
<br />... .......................198.5...
<br />by . T�1p9t1�y .f .. EnCk.,..$b F:�lyn Enck, 'Perry J. Enck grid Janet K. ::rick
<br />LK500 �� L111Y Us Lt AN ............ ...... a&tohett Signature of Ptrson'raking Acknowledgment
<br />My commission expires: F3 -12-58 ,Jot,, .. t'y I?ubi:i.c
<br />Title
<br />STATE OF.- ._.._._ ... . .. ..... . ... ... _....
<br />..
<br />Entered on numerical indes and fora for record
<br />ut the Register of Deeds (aftee of said County the
<br />slay of.. R9 at _.._ o'clock and._ _ntiltutes
<br />and d rrtsttde.+ a., fkxtk. _ ......_... of ref pa M.. ge.
<br />Reg. of Deeds
<br />Ily Ueput%
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